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20120930
20121008
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morning at 9:00 a.m. eastern. bill, over to you. >> elsewhere, cape kelly has breaking news on dan loeb's latest activist target. what's going on? >> so details on dan's position in murphy oil, which was first mentioned last night. was it a long, was it a short, was it some sort of derivatives exposu exposure? it is long. it looks like dan may be looking to go active. they apparently own not quite 5% in murphy oil. i'm told the size of it is significant. it may be close to 5% or will be soon. they have filed for clearance to increase the size of their position if they would like to, which is the signal they may want to go active. . interesting language in the investor letter, which had -- i understand is being distributed. we believe this lagging performance can be explained partially by murphy's disparate asset base which makes the company complex and hard to value. they have a number of suggestions, which i understand they've shared with management, as to how they can improve value. for one thing, and this is a key issue, they want murphy to spin off their retail business and separat
. this morning, it was down to 66% probability. romney moved up 10 percentage points. dan loeb on facebook had put last week out a note that you ought to buy the romney futures because they were so depressed. i don't know how the money works in that thing, but he made ten points on the upside. >> wonder what the capital gains treatment is on that. >> that's a good question. >> rick santelli, i haven't even talked about march you draghi. he had an impact on the markets early on today, didn't he? >> he definitely did. if i look at interest rate complex between the mario draghi influences, the euro rally. we saw interest rates on the safe harbors like ten-year notes move higher. the stocks really grasping in and getting close to triple digits has put the ten-year pretty much at the top of what has been an eight-trading day, 5 1/2 basis point closing range. the boon, which closed a bit ago, is in a 2 1/2 point basis range for seven trading days. it's somewhat amazing. the issue with draghi remains. he moves foreign exchange a lot. they think he has that bazooka. we're not sure if he has the fuse a
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